Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF OPERATIONS (Unaudited)

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STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Income Statement [Abstract]    
REVENUES $ 0 $ 0
COSTS AND OPERATING EXPENSES    
General and administrative 514,965 732,078
Amortization and depreciation 28,981 28,980
Total costs and operating expenses 543,946 761,058
LOSS FROM OPERATIONS (543,946) (761,058)
OTHER INCOME    
Foreign exchange gain, net 0 31
Interest income 0 1,498
Other income, net 609 9,215
Total other income 609 10,744
NET LOSS $ (543,337) $ (750,314)
BASIC AND DILUTED NET LOSS PER COMMON SHARE $ (0.01) $ (0.01)